tomo logo

$1,650,000

Beds
5
Baths
4.0
sq ft
3,130

1815 SW Coast Ave, Lincoln City, OR 97367

1815 SW Coast Ave

Lincoln City, OR 97367

  • 213 days on market
    • Price drop $100,000↓
Live in the lap of luxury in your completely furnished, private oceanfront home or add to your portfolio with this very successful vacation rental. The "Sunset House" is an upscale, well-maintained oceanfront paradise. Sip your favorite beverage while taking in breathtaking sunset views from your large private stone patio or spacious upper deck off of the main living area. Relax in the brand new hot tub after you bbq with friends and family. Cathedral ceilings with an entire wall of windows allows loads of light and brings the outdoors in. Hand-painted murals, remote controlled blinds, custom trim and door frames, bronze hardware, black lacquered cabinets, stone surfaces, antique lacquered gas fireplaces, french doors and hardwood floors all add to the upscale feel. Owners have gone above and beyond making sure this high quality home is a very well maintained and move-in ready. Brand new hot tub 2024. New roof, new skylights, new refrigerator, new front stair steps and railing 2023. New dryer 2022.

Details

Property type

Single Family Residence

Est. home value

$1,676,058

Lot size

0.24 acres

Price per sq ft

$528

Year built

2007

Annual property taxes

$9,799.05

Price History

11/20/2024
PortlandOR

PortlandOR #24304702

Price change
$1,650,000
-5.71%
10/26/2024
PortlandOR

PortlandOR #24304702

Removed
$1,750,000
10/23/2024
PortlandOR

PortlandOR #24304702

Listed
$1,750,000

Schools & Community

Elementary school: 

Oceanlake

Middle school: 

Taft

High school: 

Taft

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,178,842
Asking price
$1,650,000
Closing costs (~8% of asking)
-$132,000
Est. remaining loan balance
-$339,158
Cash to seller
$1,178,842

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Washington Federal Savings

Loan start date

October 2009

Original loan amount

$500,000

Est. remaining balance

$339,158

Interest rate

5.14%

Loan type

New Conventional, 30 year

Seller

Steven W Gross

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 10:15 AM

Listing updated: 11/20/2024 at 2:08 PM

Listed by: Fiona Parsons, Parsons Properties Phone #: (503) 544-2744

MLS: PortlandOR #24304702

PortlandOR logo

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